Par Petroleum (PARR) Reports Q1 Loss, Tops Revenue Estimates

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Par Petroleum (PARR) came out with a quarterly loss of $0.94 per share versus the Zacks Consensus Estimate of a loss of $0.77. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -22.08%. A quarter ...